Investment opportunities are hidden in overlooked details.

CN
1 hour ago

I had previously shared such a viewpoint in an earlier article:

If we observe life closely and think about some well-known news and events behind them, we can occasionally find completely overlooked, yet highly valuable investment opportunities within these news events.

Recently, I saw a similar report online (see the reference link at the end of the article).

Jack Clark, one of the co-founders of Anthropic, is someone who has no technical background whatsoever; he studied English and American literature and Chinese in college, and cannot be said to understand much of the theory and cutting-edge knowledge in the field of AI. Yet, due to a series of research discoveries during his past career as a journalist, he inadvertently joined this grand technological track of AI.

His educational background is purely in the humanities. After graduating from college, he entered the news industry, reporting on technology news.

In 2016, he discovered that almost all AI papers were using NVIDIA's GPUs. He sensed that there might be something "hidden" here that others could not see, but unfortunately, the article he wrote did not get published.

This did not dampen his enthusiasm; he continued to study and ultimately decided to leave the journalism field and pursue a career related to AI.

Thus, he joined OpenAI, which had been established for less than a year at that time, and became the company's policy head. Later, in 2021, he left OpenAI and co-founded Anthropic with Dario Amodei and others.

In this way, a complete novice in technology and a layperson serendipitously joined two leading technology companies at the forefront of AI.

Many people admired Jack Clark's courage after reading this report—after all, it takes bravery to take such decisive action in a field and company (OpenAI) that seemed "grand" but was still very uncertain at the time when AI had not yet gained momentum.

This kind of spirit is certainly not something that most people possess.

This courage reminds me of the story of CZ, the founder of Binance, who sold his house to buy Bitcoin.

That too was a shocking display of courage and choice.

However, for the vast majority of people, we really do not need to sever our safety nets as completely as Jack Clark and CZ did because the cost of such actions might be quite difficult for most ordinary people to bear.

All we need to do is allocate a small portion of our available resources that we can afford to lose to participate, and we can still receive considerable dividends.

When I saw the above report, the first thing that came to my mind was not quitting my journalism position to look for an AI-related job, but rather immediately checking NVIDIA's stock price in 2016, which oscillated between $0.7 and $2.7 per share.

If NVIDIA's stock had not gone through any splits after 2016, its stock price would be approximately $8,700 per share today.

In other words, if at that time, we truly believed that the AI industry would explode, but were hesitant to take the risk of quitting to enter an uncertain industry, we could have simply bought NVIDIA's stocks—just one lot of 100 shares, costing about $70 to $270.

After buying it, we could just leave it alone.

Today, the value of those 100 shares is $870,000.

This cost is something that the vast majority of ordinary people can afford; we do not need to take on too much risk and can continue to live and work calmly as usual.

This example applies equally to selling a house to buy Bitcoin—at that time, when others also recognized Bitcoin as an opportunity, it wasn't necessary to gamble everything; just need to squeeze out a little from daily pocket money to participate was enough to seize the opportunity.

Therefore, what is more important here, I believe, is not the act of quitting a job to find opportunities in AI or selling a house to buy XXX, but the ability to discover trends and opportunities that most people cannot see from the information that is visible to everyone.

As long as we can identify these trends and opportunities, we can invest a small cost to gamble for potentially substantial future returns.


Reference link:

https://x.com/sleepy0x13/status/2108816172334367191?s=46

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